The pandemic has changed the restaurant industry, and financing with it.
This week’s edition of the Restaurant Business podcast “A Deeper Dive” features Mark Wasilefsky, head of franchise finance for TD Bank, to provide an update on the state of the industry’s finance markets.
The restaurant business has experienced an uneven recovery, with some sectors performing better than others while chains generally thrive and independents and small chains struggle. That’s affecting the finance markets. The result could change the ability for restaurant companies to get expansion financing.
Wasilefsky discusses these issues and talks about how lenders view the industry at the moment.